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Global Inventory and MRP Lead

Vention

Vention

Montreal, QC, Canada
Posted on Tuesday, July 2, 2024

Company Description

Vention helps some of the most innovative manufacturing companies automate their production floor in just a few days. Vention's online-first manufacturing automation platform (MAP) enables its clients to design, automate, order, and deploy manufacturing equipment directly from their web browser.

Vention is headquartered in Montreal, Canada, with offices in Berlin and Boston, and is used in over 3,000 factories on 5 continents. As one of Canada’s Most Admired Cultures and Great Place to Work, we are a performance driven culture that cares deeply about happiness. We like ambitious goals, facts & data, and constructive debates. But at the same time, we know that we can’t repeatedly push ourselves if we are not surrounded by an uplifting and caring work environment. Those two sides of our culture, feed each other and are safeguarded with the same level of attention. Our values & principles include:

  • We make our clients successful - we look at ourselves from the customer's point of view and strive to create an exceptional customer experience
  • We execute and deliver - we set ambitious goals for ourselves and are energized about meeting them
  • We debate, then commit - we challenge our own perspectives and ideas in pursuit of the best solutions
  • We innovate to inspire - we value innovation in products, user experiences, and business practices
  • We collaborate to achieve more - we work as one team to achieve more than we would on our own
  • We empower our people to reach their full potential - we hold ourselves to high standards but know when to celebrate progress & achievements

Job Description

We are seeking to hire an experienced and detail-oriented Inventory and MRP leader with expertise in managing inventory across multiple locations. The ideal candidate will be responsible for overseeing inventory control, implementing efficient processes, optimizing stock levels, and ensuring accurate inventory management across our organization's various locations. This role requires strong analytical skills, excellent organizational abilities, and the ability to collaborate effectively with cross-functional teams.

More specifically, your role will include:

  • Develop global inventory strategy across north America and European market, leveraging a global supplier base of 200 vendors
  • Develop complex analytics to continuously improve inventory turns while increasing service levels
  • Drive cross-functional initiatives to achieve inventory target such as structured depletion strategies, part rationalization, manufacturing process transition
  • Work closely with Vention software development team to improve performance of inventory system.
  • Support development of business process related to inventory management, from engineering, to product management, to operations
  • Leverage deep expertise in MRP systems to strategically implement and continuously improve effective inventory management processes.
  • Champion the accuracy of data entry, maintenance, and utilization of the MRP system, driving excellence in inventory control across the organization.
  • Deliver comprehensive reports on inventory levels, turnover, and performance indicators, providing insightful analysis and recommendations to inform strategic decision-making by the management team.
  • Conduct data analysis to identify opportunities for process improvement, cost reduction, and efficiency gains.
  • Monitor system performance, identify issues, and collaborate with the development team for prompt resolution.
  • Define system requirements and algorithms to improve our inventory management practices and communicate the opportunities with the development team
  • Provide guidance and training to staff members on MRP system usage and best practices.
  • Collaborate with warehouse managers or logistics teams at each location to streamline inventory management processes.
  • Implement strategies to minimize transportation costs and lead times while maintaining adequate stock availability.
  • Create visibility to inventory and KPIs through dashboard creation with PowerBI.
  • Collaborate with cross-functional teams such as procurement, production, sales, and finance to ensure alignment and efficient inventory management.
  • Work closely with the procurement team to forecast demand and coordinate replenishment orders.

Qualifications

  • Bachelor degree in supply chain, engineering, mathematics or equivalent
  • At least 5 years working in inventory management or an analytical role
  • Demonstrated expertise at optimizing inventory level and service level in a data-intensive environment
  • Deep knowledge of inventory level mathematics, including daily demand, safety stock, reorder points and economic order quantity
  • Experience working with global supplier base (Europe, North America, and Asia)
  • Familiarity with multi-location inventory management and experience coordinating stock transfers.
  • Proficiency in using MRP/ERP systems for inventory management
  • Excellent analytical and problem-solving skills with the ability to interpret complex data sets.
  • Strong organizational and time management skills, with the ability to prioritize and meet deadlines.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams.
  • Attention to detail and a commitment to maintaining high levels of accuracy in inventory records.
  • Ability to adapt to changing priorities and work in a fast-paced, dynamic environment

Additional Information

How We Take Care of You

  • Flexible paid time off and remote work policies
  • Complimentary beverages and snacks so that you are fueled and ready for your day
  • Global comprehensive health plans so you feel your best
  • Career growth opportunities. Your future matters.
  • Fun-filled social events curated based on diverse interests for our team to celebrate together. From sponsored sports teams to trivia nights
  • Time off to volunteer and give back to your community.

What to Expect in Your Interview

  • Initial Call
  • Meet the Team
  • Challenge
  • Decision & Offer

Commitment to Equal Employment Opportunity

Our culture is an uplifting environment for high achievers. The fast-paced, high-performance environment will give you the opportunity to build products, processes and strategies that will have a lasting impact.

When you join Vention, you join a team of professionals with a diverse variety of experiences, backgrounds, and perspectives. Together, we strive to nurture a supportive and inclusive work environment for all. We push each other to achieve extraordinary results and forge long term relationships as a result of the intensity and passion.

We’re passionate about helping you do your best work. Claim your seat and find out what you can do!

If you're unsure if your experience perfectly matches our job posting, we encourage you to apply anyway! We are happy to chat and get to know you better while you can understand the role as well!